For starters, the budget document itself makes clear that the relatively strong economic growth of 3.0 per cent in 2017 was a blip, and that growth is expected to fall to 2.2 per cent in 2018 and 1.6 per cent in 2019. This time around, groups in the university and research sector are calling the budget a "historic" reinvestment in Canadian science.
The Liberals blew through their 2015 campaign promise to keep the annual deficit below $10 billion in their first federal budget, and their ability to stick by their commitment to return to balance by 2019 remains in doubt. How will this help Canadians?
"The Government of Canada has charted a multi-year roadmap for strengthening the foundations of fundamental research, as the Naylor report recommended", Crago said.
"That is why we reached out and got Netflix to make historic investments in our content creators here in Quebec and Canada, to help them succeed in this changing universe". I'm extremely disappointed the current government gives preference to large urban centres over rural communities and mid-sized cities.
Canadians are hard-working people with great potential that deserves to be realized.
"Canadians will pay almost $600 million for Prime Minister Justin Trudeau to host the G7 summit in June, the bulk of which will be spread over budgets this year and next, and will be spread across a range of departments". "It really shows the government spent the past year listening to the community", she says.
In short, there were no major changes for small businesses on the tax front. According to an Ipsos-Reid poll released just after Christmas, almost half of all Canadians are within $200 a month of not being able to cover the cost of their household bills.
Some union and business leaders as well as the NDP have said it's unfair that Canadian companies are faced with more taxes and regulations than foreign digital companies such as Netflix and Google.
But, oh nearly forgot, there was one plum for Canadian men in this budget. "The objective of this investment will be to better support early-career researchers, while increasing diversity among nominated researchers, including increasing the number of women who are nominated", the budget noted.
The Federal government has tabled its 2018 Budget.
Instead, the government focused on women's entrepreneurship, new plans to simplify how governments work with growing businesses and encourage entrepreneurship.
- Changes to income sprinkling, passive investment income and the small business tax rate that are expected to save the government $925 million a year by 2022-23. "I'm anxious that the balance between operating, salary, infrastructure, and indirect [costs] may not be quite there yet", she said. Local businesses are now paying more in taxes, while being labeled as tax cheats by the Liberal government. Other measures include pay equity legislation for federally regulated sectors and C$2 billion over five years for a feminist global assistance policy.
Notably, however, National Defence saw virtually no new spending and veterans were failed by this budget.
"We're taking a fiscally responsible approach that allows us to deal with the challenges we might face, " Morneau told reporters before his speech, adding Canada will study the impact of USA measures before reacting to them. The government has already been taking concrete steps toward adjusting procurement practices to increase the diversity of bidders.
"The women in this country who have the most hard time economically are women who are parenting alone", she said. The money is there if he cared enough.
The Liberals will tell you it's about gender equality and helping the middle class.